Binance Scores Second U.S. Court Victory, Lawyer Emphasizes Legal Vindication

Binance, the world’s largest cryptocurrency exchange, has secured its second major U.S. federal court victory in recent weeks, marking a significant legal moment for the company.

Meanwhile, the exchange is pursuing legal charges against a TradFi media, citing “false and defamatory statements.”

Binance Legal Counsel Calls Exchange’s U.S. Court Victories a “Significant Legal Moment”

This ruling comes just days after a separate U.S. federal court in the Southern District of New York also dismissed all ATA claims against Binance.

“Courts have now examined these claims on two separate occasions and found them to be without merit. These outcomes speak for themselves,” Binance said.

Reportedly, the Alabama court found the plaintiffs’ complaint to be legally and factually deficient and dismissed all claims.

Binance said the judge described the filing as a “shotgun pleading,” noting that it “failed to clearly specify the claims and improperly grouped all defendants together without distinguishing individual conduct or liability.”

Further, plaintiffs failed to meet the “basic pleading standard to provide a short and plain statement of their claims.”

Against this backdrop, plaintiffs have only until April 10, 2026, to file an amended complaint addressing the deficiencies identified.

Failure to address those issues satisfactorily will see the entire case dismissed.

Eleanor Hughes, Binance’s General Counsel, highlighted the broader implications of the rulings for the crypto industry.

Hughes said the Alabama federal court dismissed claims against Binance related to sanctions compliance and terrorism financing, following a similar dismissal by the Southern District of New York

“They underscore that allegations related to sanctions compliance and terrorism financing are grave matters that require substantiation through credible evidence, rather than being based on rhetoric or conjecture. These outcomes speak for themselves,” said Hughes.

The Binance CLO said the exchange will continue to resist attempts to misuse the legal system to target the crypto industry.

“We will not tolerate attempts to misuse the legal system to target our industry, and my team remain as committed as ever to transparency, security, and lawful conduct in everything we do,” she added.

The statements come amid ongoing legal and reputational battles for the exchange. Yesterday, Binance filed a lawsuit against The Wall Street Journal over a February report it alleges contained “false and defamatory statements” that misrepresented the company’s operations.

The lawsuit seeks to protect Binance’s reputation and to hold accountable the reported misinformation, which the company claims led to baseless government inquiries.

“Dismissed claims on sanctions show courts demand facts, not hype. This will build trust for exchanges like Binance,” commented one user.

However, some users say the Binance versus WSJ case could be complicated, putting the exchange under discovery to prove that it is not being used by Iran to avoid sanctions.

“Do you, uh, want to be turning over docs and having employees deposed on these exact topics? Your house had better be squeaky, picture-perfect clean if you want to go down that route with these kinds of claims…” Campbell remarked.

Despite this news, Binance’s BNB token price only surged by a modest 0.65%, and was trading for $652.22 as of this writing.